As the end of 2014 draws near, the time to get your taxes in order is now. From tax credits and education expenses to the AMT, many of the tax changes affecting individuals from 2014 were related to the signing of the American Taxpayer Relief Act (ATRA) in 2013—tax provisions that were modified, made permanent, or extended. With that in mind, there are some things individuals and families need to know about tax provisions for 2014.
The December newsletter on our website has a valuable review concerning tax provisions for individuals. It discusses personal exemptions, standard deductions, income tax rates, estate and gift taxes, marriage penalty relief, and more. It also discusses education expenses and retirement. By clicking on the following link, http://www.hudson-nesmith.com/newsletter.php#1, you can read and learn about the tax provisions for 2014. Please contact us if you need help understanding which deductions and tax credits you are entitled to. We are always available to assist you.
If you are a business owner, the 2014 tax provisions review is also on our website. You may click the following link to read more about them. http://www.hudson-nesmith.com/newsletter.php#2 Give us a call if you need assistance understanding these provisions and what will be the best for your company.
Hudson & NeSmith is a firm that believes in providing our clients with insightful advice to enable them to make informed financial decisions. View our website, www.hudson-nesmith.com, to see what our entire firm can offer you. Please call our office for more information, to set up an appointment, or for any questions. Email sharon@hudson-nesmith.com or call 229-776-3311.